Immigration Reform Now
A project of the
Republican National Hispanic Assembly (RNHA)
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Immigration Reform Now
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HISPANIC FACT SHEET Employment: “Latino Self-Employment Increased Significantly, From 241,000 In 1979 To 1 Million In 2003. The Latino Self-Employment Rate Was 7 Percent … In 2003.” (Robert W. Fairlie, “Self-Employed Business Ownership Rates In The United States: 1979-2003,” Small Business Administration, 12/04) Number Of Latino Businesses Expected To Grow 7.6 Percent Annually To 3.2 Million By 2010. “[H]ispanTelligence(R) announced the projected number of U.S. Hispanic-owned businesses would increase an estimated 7.6 percent annually through 2010. Total projected revenues will surge a robust 70 percent to more than $465 billion in the same period, spurred by growing entrepreneurial trends within the nations largest minority population ...” (HispanTelligence, “Number Of Hispanic-Owned Businesses Expected To Grow 55 Percent To 3.2 Million By 2010,” Press Release, 6/3/04) Over One Million Latino-Owned Small Businesses Employ Almost 1.4 Million People. “The 1.2 million Hispanic-owned businesses in the United States employ almost 1.4 million people and generate $186.3 billion in revenues according to the most recent U.S. Census Bureau report. Hispanic-owned firms made up six percent of the Nations 20.8 million non-farm businesses.” (Small Business Administration Website, “News And Views,” www.sba.gov/wi/septnews03.pdf, Accessed 4/12/04) The Number Of All U.S. Businesses Increased 10 Percent Between 1997 And 2002. (U.S. Census Bureau Website, http://www.census.gov/, Accessed 8/16/05) · The Number Of Hispanic-Owned Firms Increased 31 Percent Between 1997 And 2002. (U.S. Census Bureau Website, http://www.census.gov/, Accessed 8/16/05) “In Order To Meet The Demand Of The Growing Small Business Sector, The FY 2007 Budget Supports $28 Billion In Small Business Lending And $19 Billion In New Tax Relief Through 2016.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) · For Small Business Lending President Bush’s FY 2007 Budget Proposes “$7.5 Billion Of Lending Volume For The Section 504 Program. This Ensures Borrower Access To Fixed-Rate Financing For Fixed Assets Such As Land, Equipment, And Buildings.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) · “In 2005, The Number Of Loans To Minorities Under These Two Programs Increased By 17 Percent.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) · “The Growth In The Number Of Loans To Minorities Between FY 2003 And FY 2005 Was Close To 50 Percent.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) President Bush’s Tax Cuts Helped Small Business Owners Save An Average Of $3,235 In 2005. (Department Of Treasury, “Fact Sheet: Millions Of American Families Are Benefiting From Tax Relief,” Press Release, 4/14/05) Bush Tax Cut In Top Income Bracket Benefits Small Businesses. “Of the 750,000 tax filers that would benefit from a reduction in the highest marginal tax rate, more than two-thirds (over 500,000 filers) have some small business income from a sole proprietorship, partnership, or S corporation. These small business owners would receive 79 percent of the $13.3 billion in tax savings from reducing the top marginal rate to 35 percent in 2003 instead of 2006.” (“How The Top Individual Income Tax Rate Affects Small Businesses,” Joint Economic Committee, 5/6/03) “Two Parts Of The Bush Tax-Cut Program Are Especially Advantageous To Small Business. Most Small Companies Are Sole Proprietorships Or Subchapter S Corporations, So They Pay Taxes At Individual Income Tax Rates, Which Have Been Slashed.” (Peter Coy, "Right Place, Right Time: Small Businesses Aren’t Just Surviving," BusinessWeek, 10/13/03)
Home Ownership: The Hispanic Homeownership Rate Increased From 49.1% In The 3rd Quarter To 50%, An All-Time High, In The 4th Quarter. (Bureau Of The Census, U.S. Department Of Commerce, “Census Bureau Reports On Residential Vacancies And Homeownership,” Press Release, 1/31/06) “In June 2002, The President Set A Goal To Achieve 5.5 Million New Minority Homeowners By 2010. Since The President Announced This Goal, Nearly 2.5 Million Minority Families Have Become New Homeowners.” (Office Of Management And Budget Website, “Housing,” www.whitehouse.gov, Accessed 2/13/06) For FY 2007, President Bush Proposed, “$100 Million For The American Dream Downpayment Initiative, Which Provides Grants To Help Lower-Income Families Make Down Payments On Their First Homes.” (Office Of Management And Budget Website, “Housing,” http://www.whitehouse.gov, Accessed 2/13/06) Education: For FY 2007, President Bush Proposed, $13 Billion For Pell Grants To Students, A 30.2% Increase Over The Fiscal 2001 Level. (Department Of Education Website, www.ed.gov, Accessed 2/13/06) For FY 2007, President Bush Proposed, $22.5 Billion For Programs Falling Under NCLB, A 57.6% Increase Over The Fiscal 2001 Level. (Department Of Education Website, www.ed.gov, Accessed 2/13/06) · The Reading Gap Between White And Hispanic 9-Year-Olds Are At Their Smallest Ever. (National Center For Education Statistics Website, “Trends In Student Groups,” http://nces.ed.gov, Accessed 7/15/05) · The Math Gap Between White And Hispanic 9-Year-Olds Are At Their Smallest Ever. (National Center For Education Statistics Website, “Trends In Student Groups,” http://nces.ed.gov, Accessed 7/15/05) · In Fourth-And Eighth-Grade Math, Higher Percentages Of White, African American, Hispanic, And Asian/Pacific Islander Students Performed At Or Above “Proficient” Levels As Defined By NAEP Than In Any Previous Year. (Department Of Education Website, http://www.ed.gov/nclb, Accessed 10/26/05) The President’s FY 2007 Budget Includes “$95 Million For Hispanic-Serving Institutions ... $238 Million For Historically Black Colleges And Universities And Graduate Institutions … Continuing The Administrations Support For These Important Institutions.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) · “Since Taking Office, The President Has Increased Funding For These Institutions By 31 Percent.” (Office Of Management And Budget Website, “Increasing Opportunity For All Americans,” http://www.whitehouse.gov/, Accessed 2/13/06) President Bush Signed The Deficit Reduction Act, “A Bill That Will Give Low-Income College Students Eligibility For Billions Of Dollars In New Federal Grants.” (Department Of Education, “Statement From Secretary Spellings On Deficit Reduction Act,” Press Release, 2/8/06; Sen. Mike Enzi, “Sen. Enzi Praises House Passage Of Deficit Reduction Bill,” Press Release, 2/1/06) · “[T]he Measure Provides Nearly $4 Billion In Increased Grant Assistance For Low And Middle Income Students.” (Sen. Mike Enzi, “Sen. Enzi Praises House Passage Of Deficit Reduction Bill,” Press Release, 2/1/06) · “[T]he Academic Competitiveness And SMART Grants Included Open The Doors To Postsecondary Education To Thousands Of Qualifying Pell-Eligible, Undergraduate Students, Allowing Them To Receive Awards Of $700 And $1,300 In Their First And Second Years Respectively.” (Sen. Mike Enzi, “Sen. Enzi Praises House Passage Of Deficit Reduction Bill,” Press Release, 2/1/06) · “To Provide An Incentive To Third And Fourth Year Students To Major In Math, Science And Certain Foreign Languages And To Make Progress Towards A Degree, Students May Receive Grants Of Up To $4,000.” (Sen. Mike Enzi, “Sen. Enzi Praises House Passage Of Deficit Reduction Bill,” Press Release, 2/1/06) Social Security:According To SSA, Social Security Is The Only Source Of Retirement Income For 41 Percent Of Elderly Hispanics. (Social Security Administration Website, “Hispanic Americans And Social Security,” http://www.ssa.gov/, 9/04) “Hispanics Represented 3.7 Percent Of The Elderly Population In 1990, But Have Grown To 5.6 Percent Today And Are Projected To Rise To 16.4 Percent Of The 65-And-Older Population In 2050, According To The Census Bureau.” (Presidents Commission To Strengthen Social Security, “Interim Report,” 8/01, p. 27) “By The Time Today’s Hispanic Taxpayers Are Eligible For Retirement Benefits, The Current Social Security System Would Be Paying Substantially Lower Returns Than It Did To Earlier Generations.” (Presidents Commission To Strengthen Social Security, “Interim Report,” 8/01, p. 27) “Hispanics Tend To Be Younger Than The American Population As A Whole And Would Consequently Bear A Disproportionate Share Of The Rising Cost Of Sustaining An Income Transfer System.” (Presidents Commission To Strengthen Social Security, “Interim Report,” 8/01, p. 27) In Poll By Pew Hispanic Center, 69% Of Hispanics Said Social Security “Is In A State Of Crisis” Or Has Major Or Minor Problems. (Richard Fry, Rakesh Kochhar, Jeffrey Passel and Roberto Suro, “Hispanics And The Social Security Debate,” Pew Hispanic Center, 3/16/05) Pew Poll Found “49 Percent Of Hispanics Said They Thought A Plan For Individual Investment Accounts Of The Sort Proposed By President Bush Was A Good Idea While 38 Percent Said It Was A Bad Idea And 12 Percent Said They Did Not Know.” (Richard Fry, Rakesh Kochhar, Jeffrey Passel and Roberto Suro, “Hispanics And The Social Security Debate,” Pew Hispanic Center, 3/16/05) Presidential Appointments: “The Bush Administration Has The Most Minority Appointees In U.S. History …” (Steve Miller and Robert Redding Jr., “Black Caucus To Prepare Voters With Survey,” The Washington Times, 9/25/03) · “President Bush ... Had Appointed 43 Women, 15 Blacks, 21 Latinos And One Asian-American Out Of 204 Federal Appointments Through 2004, Spill Solbergs Research Shows.” (Nathaniel Hoffman, “Rulings Trump Race For Many Court Watchers,” Contra Costa Times, 7/17/05) “It Should Come As No Surprise That President George W. Bush Has Appointed More Americans Of Hispanic Heritage To Top Positions In The Federal Government Than Any Other President In History.” (Secretary Of Labor Elaine Chao, “Remarks At Latina Style Award Ceremony,” Washington, D.C., 2/3/05) “Since The [2004] Election, Bush Nominated White House Counsel [Alberto] Gonzales To Serve As Attorney General And Kellogg CEO Carlos Gutierrez To Serve As Secretary Of Commerce.” (Lori Rodriguez, “Bush Gained Among Latinos,” The Houston Chronicle, 12/23/04)
“[President Bush Has] Appointed More Women And Racial Minorities To Federal Courts Than Any Other President.” (Swanee Hunt, Op-Ed, “On Supreme Court, Where’s A Woman When You Need One?” Scripps Howard News Service, 2/1/06)
Electoral Numbers: Nationwide, President Bush Increased His Percentage Of The Hispanic Vote To 44%, Which Is A 9% Increase From 2000. (CNN Website, http://www.cnn.com, Accessed 11/3/04) In The South, President Bush Increased His Percentage Of The Hispanic Vote To 64%, Which Is A 29% Increase From 2000. (CNN Website, http://www.cnn.com, Accessed 3/28/05) · In Florida, President Bush Increased His Percentage Of The Hispanic Vote To 56%, Which Is A 7% Increase From 2000. (CNN Website, http://www.cnn.com, Accessed 3/28/05) In The West, President Bush Increased His Percentage Of The Hispanic Vote To 39%, Which Is A 4% Increase From 2000. (CNN Website, http://www.cnn.com, Accessed 3/28/05)
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